Using the multiplier effect, if the government increases purchases of transportation equipment by a certain amount, then total purchases for the economy will ______.

What is one of the most important benefits of the Internet?

A) The Internet has increased asymmetric information. B) The Internet has reduced asymmetric information. C) The Internet has increased moral hazard. D) The Internet has increased transaction costs.

A _________ is an agreement under which stockholders of several formerly-competing companies turn over their shares to a group that exercises voting control over the companies

a. trust b. gentleman's agreement c. holding company d. pooling arrangement